Financial regulations imposed after the 2008 Wall Street crash are backfiring on consumers and pose a “compliance nightmare” for lenders. “What we have are policymakers on steroids,” Representative Scott Garrett charged Tuesday.

6 Reasons You May Be Rejected For A Mortgage

With the housing market on the rebound and mortgage rates still incredibly low, it’s a tempting time to buy a home right now. But because of the subprime mortgage industry collapse a few years ago, many mortgage lenders have tightened.